Japan's cabinet submits immigration bill seeking 'well-ordered coexistence'

TOKYO -- Japanese Prime Minister Sanae Takaichi's cabinet has submitted a bill to the Diet to amend the Immigration Control Act, marking the government's latest move in its aim to push forward policies aimed at realizing a "society of well-ordered and harmonious coexistence with foreign nationals."


Ex-rapper set to become Nepal's youngest PM after landslide polls

KATHMANDU -- The Rastriya Swatantra Party, founded three years ago by a former television host, has secured the pole position in Nepal's parliamentary elections held last week, putting its 35-year-old leader, the rapper-turned-mayor Balendra Shah on track to become the country's youngest prime minister.


Currency option trades signal growing caution over weak yen

TOKYO -- Currency option trades that bet on the yen weakening against the dollar reached their highest level in roughly a month and a half on Tuesday, as uncertainty over U.S. and Israeli attacks on Iran kept markets on edge.


Thai used-car market wilts under household debt, cheap Chinese EVs

BANGKOK -- Used-car dealers in Thailand are increasingly failing as debt-burdened households struggle to take out and repay auto loans, pushing down prices.


Japan's next push for casino resorts sparks race for remaining bids

TOKYO -- Japan is gearing up to accept proposals for two more integrated casinos besides the one planned for Osaka, with some regional governments already expressing interest.


Japan's Global Brain to launch fund with US startup accelerator Techstars

TOKYO -- Japanese venture capital firm Global Brain will partner with U.S.-based startup accelerator Techstars to create a $200 million fund that will invest in promising new companies outside of Japan, in such fields as artificial intelligence, Nikkei has learned.


Japanese retailer Ito-Yokado pins China reboot hopes on ex-leader

TOKYO -- Ito-Yokado is hastily reorganizing Chinese operations, dispatching a prominent executive in a desperate effort to rebuild.


Asia is the testing ground for America's economic security strategy

Robin Hu is advisory senior director at Temasek and emeritus Asia chairman of the Milken Institute.


Nippon Steel to raise steel sheet prices 10% on raw material, labor costs

TOKYO -- Nippon Steel will raise steel sheet prices for retail and secondary processing manufacturers from May shipments, its first price hike since March 2024 shipments, due to rising raw material prices and labor and logistics costs.


India eases FDI rules in likely opening for Chinese investment

BENGALURU -- India on Tuesday relaxed rules that have restricted Chinese investments in local companies, continuing a thaw in ties between two nations that fought in a deadly border clash nearly six years ago.